Honeywell Aerospace $HONA Stake Increased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its position in shares of Honeywell Aerospace (NASDAQ:HONA) by 21.0% in the third quarter, HoldingsChannel.com reports. The firm owned 71,268 shares of the company’s stock after purchasing an additional 12,357 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Honeywell Aerospace were worth $11,044,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Ironvine Capital Partners LLC bought a new stake in shares of Honeywell Aerospace in the 2nd quarter valued at $10,452,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Honeywell Aerospace during the second quarter worth $24,175,000. Werlinich Asset Management LLC acquired a new stake in shares of Honeywell Aerospace during the second quarter worth $1,478,000. Tidal Investments LLC bought a new position in Honeywell Aerospace during the second quarter worth $6,331,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in Honeywell Aerospace during the second quarter worth $3,693,000.

Honeywell Aerospace Stock Performance

Shares of HONA opened at $162.46 on Thursday. Honeywell Aerospace has a 52-week low of $149.19 and a 52-week high of $297.50. The firm has a 50 day simple moving average of $160.03. The firm has a market capitalization of $51.49 billion and a price-to-earnings ratio of 86.88.

Honeywell Aerospace (NASDAQ:HONA) last posted its quarterly earnings results on Monday, June 15th. The company reported $6,340,000.00 earnings per share (EPS) for the quarter. The business had revenue of $4.35 billion for the quarter. As a group, equities research analysts expect that Honeywell Aerospace will post 7.77 EPS for the current fiscal year.

More Honeywell Aerospace News

Here are the key news stories impacting Honeywell Aerospace this week:

• Positive Sentiment: Morgan Stanley issued a Buy rating on Honeywell Aerospace, providing a favorable Wall Street signal that could help support the shares and improve sentiment. Morgan Stanley Gives a Buy Rating to Honeywell Aerospace
• Positive Sentiment: Honeywell Aerospace forecasts 9,950 new business-jet deliveries over the next decade. The outlook points to a sizable long-term market opportunity for aerospace equipment and services, although it is not an immediate earnings catalyst. Honeywell Aerospace Forecasts 9,950 New Business Jet Deliveries Over Next Decade
• Neutral Sentiment: Multiple law firms reiterated that investors who purchased HONA shares during the alleged class period—generally June 29 through September 1, 2026—have until November 23, 2026 to seek lead-plaintiff status. The repeated notices largely provide procedural updates rather than new allegations or financial developments. Rosen Securities Class Action Deadline Notice
• Negative Sentiment: The securities lawsuit alleges Honeywell Aerospace failed to disclose that supplier constraints were limiting hundreds of millions of dollars in revenue and that a Justice Department False Claims Act inquiry was pending. If proven, the claims could increase legal costs, reputational damage, and uncertainty around reported results and guidance. Levi and Korsinsky Honeywell Aerospace Lawsuit Notice
• Negative Sentiment: The legal pressure follows an earlier report that second-quarter net income fell 70% year over year and Honeywell Aerospace reduced its full-year guidance, reinforcing concerns about near-term execution and the company’s disclosure practices. Moore Law Honeywell Aerospace Investor Action Notice

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. UBS Group dropped their target price on shares of Honeywell Aerospace from $231.00 to $213.00 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Zacks Research downgraded Honeywell Aerospace from a “hold” rating to a “strong sell” rating in a report on Monday, September 14th. Wolfe Research began coverage on Honeywell Aerospace in a report on Monday, June 29th. They set a “hold” rating for the company. Evercore set a $210.00 price objective on Honeywell Aerospace in a research report on Thursday, August 6th. Finally, Weiss Ratings started coverage on Honeywell Aerospace in a research report on Friday, September 11th. They issued a “sell (d)” rating for the company. Five analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $201.93.

About Honeywell Aerospace

Honeywell Aerospace develops and supplies aerospace technologies for commercial aviation, business and general aviation, defense, and space customers. Its portfolio includes aircraft engines and auxiliary power units, avionics, flight controls, navigation and communication systems, environmental and thermal-management equipment, wheels and brakes, and other propulsion and mechanical systems.

The company also provides aftermarket support, including maintenance, repair and overhaul services, replacement parts, upgrades, technical assistance, and digital solutions designed to improve aircraft performance and operational efficiency.